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Tag: South Korea

Posted on July 3, 2025

Lee Says Unsure South Korea Can Land US Trade Deal by Deadline

South Korean President Lee Jae Myung said it remains unclear if trade talks between Seoul and Washington can result in a deal before next week’s deadline to avert sweeping tariffs from President …

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Posted on July 3, 2025

South Korean president seeks faster redevelopment of former US military sites

The directive is aimed at reusing now-abandoned property in northern Gyeonggi-do, South Korea’s most populous province, that the United States returned to the South Korean government after …

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Posted on July 2, 2025

Exclusive: South Korea moves to tighten rules on foreign real estate ownership

A new bill aimed at tightening regulations on foreign property ownership in South Korea is set to be introduced, proposing a shift from the current reporting-based system to a permit-based approval …

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Posted on July 1, 2025

South Korea wealth fund to boost bets on AI startups, eyes China tech

SEOUL] South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader push to deepen exposure to artificial intelligence (AI) …
Posted on July 1, 2025

Border city Paju enacts ordinance banning anti-North leaflet launches

Paju, a border city in Gyeonggi, enacted South Korea’s first local ordinance banning the distribution of anti-North Korea leaflets. The ordinance is expected to halt the sending of leaflets by local …

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Posted on July 1, 2025

Elon Musk’s DOGE Gimmicks Have No Place In South Korea

New South Korean President Lee Jae Myung has chosen a finance minister who wants to run Asia’s fourth-largest economy like a business.
Posted on June 30, 2025

Japan’s Towa eyes third chip tool plant in South Korea amid AI boom

CHEONAN, South Korea — Buoyed by strong demand brought about by the generative AI boom, Japanese chip tool maker Towa is considering further expanding its production capacity in South Korea, where it …
Posted on June 30, 2025

South Korea Says Seeking Extension to US 90-Day Tariff Pause

SEJONG, South Korea (Reuters) -South Korea will seek an extension to the 90-day pause in U.S. tariffs that is set to expire next week, as negotiations are likely to continue past the deadline set …
Posted on June 30, 2025

6 Americans detained in South Korea for trying to send rice and Bibles to North Korea by sea

Police have detained six Americans in South Korea for allegedly trying to send 1,600 plastic bottles filled with rice, U.S. dollars bills and Bibles toward North Korea by sea.
Posted on June 30, 2025

South Korea pauses CBDC tests as stablecoin fever hits banks

The South Korean government’s crypto promises have reportedly derailed the Bank of Korea’s CBDC, as banks partaking in the trials instead want to pursue stablecoins.

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